ACCESS Newswire

Grid Dynamics

6.6.2023 22:06:44 CEST | ACCESS Newswire | Press release

Share
Grid Dynamics Expands Relationship with Google Cloud, Serving as Global Partner for Implementing Innovative Generative AI Solutions

Key Takeaways:

  • Grid Dynamics will partner with Google to implement Google Cloud LLMs and Vertex AI solutions.
  • The expanded Grid Dynamics relationship with Google Cloud reflects the company's position as an industry leader in AI and enables the company to accelerate the development of innovative, industry-specific AI solutions for global enterprises.
  • The relationship with Google Cloud empowers the recently unveiled Grid Dynamics GigaCube growth strategy framework, which identifies strengthening its partner ecosystem to drive innovation as one of the keys to the company's long-term success.

SAN RAMON, CA / ACCESSWIRE / June 6, 2023 / Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a leader in enterprise-level digital transformation services and solutions, today announced a major expansion of its partnership with Google Cloud to develop advanced generative AI capabilities and solutions. Grid Dynamics will partner with Google to develop and implement Google Cloud generative AI solutions for enterprises - a reflection of Grid Dynamics' position as an industry leader in AI. The newly expanded relationship with Google Cloud around generative AI underscores the key pillars of innovation and industry expansion central to Grid Dynamics' GigaCube 1 billion dollar growth strategy framework.

To view this piece of content from www.accesswire.com, please give your consent at the top of this page.

Grid Dynamics will leverage Google Cloud's Vertex AI platform, which now includes generative AI capabilities, such as powerful foundational large language models (LLMs) and advanced image generation capabilities. As an end-to-end ML platform, Vertex AI can significantly accelerate generative AI projects, and the Industry-specific PaLM2 family of LLMs will greatly assist in developing innovative solutions across Financial Services & Insurance, Manufacturing, and Life Science/Pharma industries.

The Grid Dynamics generative AI practice and the company's R&D team at Grid Labs are developing industry-specific solutions and starter kits, bringing users new AI-powered features and experiences, and solving complex business challenges for global enterprises. This collaboration with Google Cloud around generative AI reflects the Grid Dynamics culture of engineering excellence and its commitment to innovation and growth.

"Generative AI is a groundbreaking technology with immense potential to revolutionize business functions, unlocking exponential benefits for enterprises that harness its power effectively. We believe in its disruptive force at Grid Dynamics and are committed to exploring practical applications across industries through our dedicated Grid Labs. With our deep investment in research and innovation, we are poised to lead the way in leveraging Generative AI for transformative growth", said Rahul Bindlish, VP of Strategic Business Development at Grid Dynamics. "We are thrilled to collaborate with Google, a global leader in Artificial Intelligence. This collaboration sets the stage for a transformative journey, enabling enterprises to reshape key business processes and create substantial value."

"We look forward to working closer with Grid Dynamics as they expand their use and application of Google Cloud's generative AI solutions," said Jim Anderson, Vice President, NA Partners Ecosystem & Channels at Google Cloud. "Together, we can help organizations become more AI-enabled securely and responsibly."

Generative AI can be applied to numerous cross-industry use cases, including customer service, knowledge and training assistant, data querying and summarization, data harmonization, code generation, and content creation, amongst many others. There's also an abundance of compelling, industry-specific use cases for generative AI, including product attribution, conversational product discovery, legacy code modernization, digital twin contextualization, and procurement contract analysis, to name a few. Through its collaboration with Google Cloud, Grid Dynamics will build various cross-industry and industry-specific, generative AI-powered capabilities and solutions. These new capabilities will be available to clients in 2023. Visit this page to learn more about the Grid Dynamics relationship with Google Cloud.

About Grid Dynamics

Grid Dynamics (NASDAQ:GDYN) is a digital-native technology services provider that accelerates growth and bolsters competitive advantage for Fortune 1000 companies. Grid Dynamics provides digital transformation consulting and implementation services in omnichannel customer experience, big data, analytics, search, artificial intelligence, cloud & DevOps, and application modernization. Grid Dynamics achieves high speed-to-market, quality, and efficiency by using technology accelerators, an agile delivery culture, and its pool of global engineering talent. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with offices across the US, Mexico, UK, Europe, and India. To learn more about Grid Dynamics, please visit www.griddynamics.com. Follow us on Facebook, Twitter, and LinkedIn.

Forward-Looking Statements

This communication contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results of Grid Dynamics to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes," "estimates," "anticipates," "expects," "intends," "plans," "may," "will," "potential," "projects," "predicts," "continue," or "should," or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include, without limitation, quotations and statements regarding our partnership with Google Cloud, the benefits of generative AI, our product capabilities, our GigaCube growth strategy framework and our company's future growth.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside Grid Dynamics' control and are difficult to predict. Factors that may cause such differences include, but are not limited to, any factors limiting our partnership with Google Cloud, our product capabilities, the benefits of our products, and our company's growth and growth strategy.

Grid Dynamics cautions that the foregoing list of factors is not exclusive. Grid Dynamics cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Grid Dynamics does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Further information about factors that could materially affect Grid Dynamics, including its results of operations and financial condition, is set forth under the "Risk Factors" section of the Company's annual report on Form 10-Q filed May 4, 2023, and in other periodic filings, Grid Dynamics makes with the SEC.

Media Contact:
Cary Savas
+1 (650) 523 5000
csavas@griddynamics.com

SOURCE: Grid Dynamics



View source version on accesswire.com:
https://www.accesswire.com/759410/Grid-Dynamics-Expands-Relationship-with-Google-Cloud-Serving-as-Global-Partner-for-Implementing-Innovative-Generative-AI-Solutions

To view this piece of content from www.accesswire.com, please give your consent at the top of this page.

About ACCESS Newswire

DK

Subscribe to releases from ACCESS Newswire

Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from ACCESS Newswire

On Sale Now! LiberNovo Maxis Big & Tall Ergonomic Chair Debuts, Unlocking a New Level of "Stability, Width, and Comfort" for Prolonged Sitting16.6.2026 18:00:00 CEST | Press release

The Maxis series is live today across the US, Canada, and Europe, starting at €829, with launch savings up to 48% off MSRP. HONG KONG, HK / ACCESS Newswire / June 16, 2026 / LiberNovo's Maxis series goes on sale today, the brand's first line built from the ground up for Big & Tall users rather than scaled up from a standard chair. It ships in three configurations, alongside two additions to the LiberNovo Omni family. Built for the body, not scaled up to fit Maxis targets the three things that fail a larger body in a standard seat: thighs left unsupported, a recline that sways under weight, and support that gives out by mid-afternoon. The 52 cm seat extends fully under the thigh. Multi-density foam holds its shape instead of bottoming out under load. A tall backrest and adjustable neck support hold the spine and neck, with the neck support sitting at the neck rather than behind the head. The frame is BIFMA-certified to 181 kg (399 lb) on a die-cast aluminum alloy base. Recline that hold

MicroVision Brought Onboard by Lake Fusion Technologies and Timberline Aerospace to Accelerate IRIS Sensor Package Deployment16.6.2026 15:20:00 CEST | Press release

Collaboration supports global deployment of advanced situational awareness solutions across commercial, critical infrastructure, security, and government applications REDMOND, WA / ACCESS Newswire / June 16, 2026 / MicroVision, Inc. (NASDAQ:MVIS), a leader in advanced perception solutions for industrial, automotive, security and defense applications, today announced recent shipments of its IRIS lidar sensors to Lake Fusion Technologies (LFT) LLC, as LFT and Timberline Aerospace welcome MicroVision onboard to further expand their collaboration and accelerate the deployment of advanced situational awareness solutions. MicroVision recently shipped IRIS sensors to LFT, marking an important milestone as LFT, together with Timberline Aerospace, brings MicroVision more fully into its ecosystem to broaden capabilities and expedite the development and delivery of integrated IRIS Sensor Packages. The deployment will support LFT's continued development and validation activities as it advances sol

Karbon-X Advances Large-Scale Senegal Blue Carbon Project as Second Globally Registered Under Verra's VM0033 Methodology16.6.2026 15:15:00 CEST | Press release

7,500-hectare Senegal blue carbon initiative achieves Verra registration, marking a significant project development milestone for Karbon-X CALGARY, AB / ACCESS Newswire / June 16, 2026 / Karbon-X Corp. (OTCQB:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions company operating across global carbon markets and climate infrastructure, today announced that its Senegal Blue Carbon Mangrove Project has achieved registration under Verra's Verified Carbon Standard (VCS) and Climate, Community & Biodiversity (CCB) Standards, becoming the second project globally to achieve registration under Verra's VM0033 methodology for tidal wetland and seagrass restoration. Located within Senegal's Sine Saloum Delta and Casamance Estuary regions, the approximately 7,500-hectare project is focused on restoring degraded mangrove ecosystems through reforestation and ecosystem recovery activities. Mangrove forests are among the world's most carbon-rich natural environments, capable o

Leggett Dynamics Launches Smart Brushless Motor & Advances Quiet, Software-Defined Comfort & Motion16.6.2026 13:00:00 CEST | Press release

Reduces Complexity & Cost, Improves Performance, Supports Next-Gen Architectures DETROIT, MI / ACCESS Newswire / June 16, 2026 / Leggett Dynamics today launched its Smart Brushless Motor, a next-generation motion system that simplifies design and vehicle integration, improves NVH and durability and supports evolving software architectures across seating and other motion-control applications. Less Complexity, More Capability Unlike conventional systems, Leggett Dynamics' Smart Brushless Motor can operate with or without a seat-level electronic control unit (ECU), enabling direct communication from the vehicle-level ECU to individual actuators. This streamlined approach supports the industry shift toward more centralized or zonal architectures and enables simplified, scalable integration across multiple seat configurations and trim levels with varying actuator counts. In addition, the motor's design reduces packaging size, weight, and wiring complexity while enhancing sound, durability,

Polaris Renewable Energy Reminds Shareholders to Vote Ahead of Annual Meeting16.6.2026 00:30:00 CEST | Press release

TORONTO, ON / ACCESS Newswire / June 15, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") today reminds shareholders to vote their common shares in advance of the Company's upcoming annual meeting of shareholders, which will be held virtually on June 18, 2026 at 9:00 a.m. Toronto time. Shareholders are encouraged to vote as soon as possible and prior to the proxy voting deadline of 9:00 a.m. Toronto time on June 16, 2026. Voting in advance helps ensure that shareholders' shares are represented at the meeting. At the meeting, shareholders will be asked to receive the consolidated financial statements of the Company for the year ended December 31, 2025, together with the report of the auditors thereon. Shareholders will also be asked to vote on the following matters: electing directors of the Company; and reappointing PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Company and authorizing the directors of the Company to fix their remunerat

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye